Welcome to our special year-end monthly Economic, Capital Market, and Financial Planning tip of the month.
Even though 2015 is gone, there are ways to reach back and help your tax situation.
For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.
These are just a few simple examples of HSA benefits — check with your health provider of you are uncertain of availability.
sEP – simplified Employee pension
Offset non w-2 income – think consulting or temporary
Pre-tax savings, up to 25% of adjusted income
Deadline is final tax filing date, INCLUDING extensions for the prior year – reaching back into last years tax liability
These are just a few of the benefits of a SEP !
Give us a call if you have any confusion/questions! Do not try any of these techniques without first visiting with you professional advisor!
Rates raised
December marked the first time in almost a decade that Federal Funds Rates were raised.
While looking dramatic at first:
A longer term view tells the story.
Markets have been jittery of late, and we think this is more of a time duration of our economic expansion, than anything else. Higher rates will eventually help, in our opinion! Some great proof coming soon, when more room is available !
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
December 2015 Year End – Tax tip and Capital Market Monthly Review (Video by John Kvale)
Welcome to our special year-end monthly Economic, Capital Market, and Financial Planning tip of the month.
For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.
Ok…let’s go!
VIDEO
YouTube Direct Link
HSA – Health Savings Account
These are just a few simple examples of HSA benefits — check with your health provider of you are uncertain of availability.
sEP – simplified Employee pension
These are just a few of the benefits of a SEP !
Rates raised
December marked the first time in almost a decade that Federal Funds Rates were raised.
While looking dramatic at first:
A longer term view tells the story.
Markets have been jittery of late, and we think this is more of a time duration of our economic expansion, than anything else. Higher rates will eventually help, in our opinion! Some great proof coming soon, when more room is available !
John A. Kvale CFA, CFP
http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225
Share this:
Like this:
Related